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If you read the interviews of a lot of investors, many of them mention they invested because they believed so strongly in the founder. Afterwards, when their cr
by Ayraa 10y ago
If you read the interviews of a lot of investors, many of them mention they invested because they believed so strongly in the founder. Afterwards, when their crazy concept works (example: Musk with SpaceX), these founders are lauded a visionary. When their concept fails (as is the case with Homles and Theranos), these founders are branded a fraudster.
- taeric 10y agoTo be fair... It isn't that the idea failed. It is that the failures were misrepresented. Badly.